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SUMR Brands Expands Product Team

SUMR Brands Expands Product Team
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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Letters - Common creation, town changes, and 'end to idiocy'

Letters - Common creation, town changes, and 'end to idiocy'
andoveradvertiser.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from andoveradvertiser.co.uk Daily Mail and Mail on Sunday newspapers.

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Summer Infant : SUMR Brands Reports 2021 First Quarter Results (Form 8-K)

First Quarter EPS $0.12; Deleveraging Continues;
Company Working Through Supply Chain Challenges
WOONSOCKET, R.I., May 18, 2021 (GLOBE NEWSWIRE) SUMR Brands ( SUMR Brands or the Company ) (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the fiscal first quarter ended April 3, 2021.
Recent Highlights
Net sales were $36.2 million in the first quarter versus $40.3 million in the prior-year period, with the decline reflecting ongoing supply chain constraints and logistical issues, which have impeded product getting to market
Aggregate SG&A declined to $9.4 million in the quarter compared to $11.6 million in last year s comparable period (and $10.2 million in the fourth quarter of fiscal 2020), reflecting the shift in the Company s distribution model and other restructuring initiatives ....

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SUMR Brands Reports Fourth Quarter and Fiscal Year 2020 Results

Provided by
GlobeNewswire
Mar 16, 2021 8:15 PM UTC
Full Year Net Loss of $1.1 Million; Adjusted EBITDA of $12.2 Million, Up 72% over Fiscal 2019;
Debt Reduced by $17.7 Million, to $30.9 Million
WOONSOCKET, R.I., March 16, 2021 (GLOBE NEWSWIRE) SUMR Brands ( SUMR Brands or the Company ) (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the fourth quarter and full year ended January 2, 2021.
Recent Highlights
Net sales were $36.0 million in the fourth quarter versus $42.7 million in the prior-year period and $155.3 million for fiscal 2020 versus $173.2 million in fiscal 2019, with the decline largely due to the impact of COVID-19 on the Company’s mid-tier and international business segments and ongoing supply chain constraints. The year-over-year decrease also reflects that, in the 2019 fourth quarter, the Company saw significant close-out sales which were absent in fi ....

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